Housing starts fell 5% in August, but building permits increased, the Commerce Department said Tuesday.
September 20, 2011Business
Virginia Receives Conditional Approval to Toll I-95
Virginia Gov. Bob McDonnell said the Federal Highway Administration has granted the state preliminary approval to toll Interstate 95 under a pilot program.
September 20, 2011Business, Fuel
Diesel Falls for Second Week, Declining 2.9¢ to $3.833; Gas Drops 6¢ to $3.601
Diesel’s national average pump price fell for a second straight week, declining 2.9 cents to $3.833 a gallon, the Department of Energy reported.
September 20, 2011Business, Technology
Tech Firms Unveil Products, Upgrades at TMW TransForum
TMW Systems unveiled a series of products enhancements and upgrades at its TMW TransForum 2011, being held this week in Dallas.
September 20, 2011Business
Obama Signs Transportation Funding Extension
President Obama signed a transportation funding extension into law, restoring money to pay 80,000 aviation and construction workers and ensuring highway and transportation funding through early next year, news reports said.
September 20, 2011Business
Daimler Forecasts Continued Strong Truck Market
Daimler AG expects truck sales to keep growing, even as economies show signs of cooling, as customers order vehicles into next year, Bloomberg reported Monday.
September 19, 2011Business, Technology
SkyBitz Sells 1,500 More Tracking Units to Ga. Carrier Brown Trucking
SkyBitz Inc. said it has sold 1,500 more of its GLS mobile terminals for tracking trailers to truckload carrier Brown Trucking Co., Lithonia, Ga.
September 19, 2011Business
YRC Shareholders Approve Restructuring Plan
Shareholders of YRC Worldwide voted to approve a restructuring plan for the less-than-truckload carrier, Bloomberg reported.
September 19, 2011Business, Technology
Teletrac Offers Interface for TMWSuite
Teletrac Inc. has announced a new mobile data interface for its Fleet Director product that works with TMWSuite software from TMW Systems.
September 19, 2011Business
Freight Rates Rise Despite Flat Cargo Volumes as Carriers Match Capacity to Shipper Demand
NEW YORK — Motor freight rates remain on the rise, climbing at much as 10%, despite generally stagnant cargo volumes, as carriers focus on pricing and effectively match capacity to demand, six top industry officials said at a recent investment conference.
September 19, 2011